Global Geriatric Care Services Market, By Service Type (Home Healthcare, Assisted Living Facilities, Adult Day Care Services, Continuing Care, Skilled Nursing Facilities), and By Geography - Trends, Analysis and Forecast till 2024

Elderly population suffering from chronic conditions require frequent physician visits, health monitoring and assistance in performing daily activities. Geriatric care service providers offer end-to-end solutions to the elderly population in need of assistance in order to ease their living. Coordinating with the doctor, assessing any medical or nutritional need, assistance in medical and financial planning, home nursing services, and devising complete medical care plans are some of the services offered by various geriatric care service market players.

Get Free PDF Research Brochure for more Professional and Technical Insights : https://www.coherentmarketinsights.com/insight/request-sample/88

Market Dynamics

According to a report published in March 2016 by the United States Census Bureau, the geriatric population (aged 65 years and above) is expected to account for 12% of the global population by 2030 and further to 16.7% by 2050 as compared to 8.5% in 2015. The report further states that the population in Asia and Latin America is aging rapidly. Therefore, demand for geriatric care services is projected to be high in Asia and Latin America during the forecast period (2016–2024).

Moreover, traditional family support system is weakening, owing to increase number of women in the workforce and increasing migration in search of employment. Therefore, there is a growing need for long-term care facilities for elderly population. Increasing elderly population is also compelling governments to adequately fund healthcare programs and elderly care services. This has further encouraged the establishment of many geriatric care service centers across the globe.

Market Taxonomy

This report segments the global geriatric care services market on the basis of service type and geography. The geriatric care services market is classified on the basis of service type as home healthcare, assisted living facilities, adult day care services, continuing care recruitment, and skilled nursing facilities. For comprehensive understanding of market dynamics, the is analyzed across key geographical regions namely North America, Europe, Asia Pacific, Latin America, Africa, and Middle East. Each of these regions is analyzed based on the market findings across major countries in these regions for a macro-level understanding of the market.

Key features of the study:

This report provides in-depth analysis of the geriatric care services and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2016 – 2024, considering 2015 as the base year

It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players

It profiles leading players in the global geriatric care services market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
Key companies covered as a part of this study include Brookdale Senior living, Sunrise Senior Living Inc., Senior Care Centers of America, Kindred Healthcare Inc., GGNSC Holdings, LLC, Extendicare, Inc., Home Instead Senior Care Inc., Gentiva Health Services Inc., and Genesis Healthcare Corp

Browse Global Strategic Business Report : https://www.coherentmarketinsights.com/market-insight/geriatric-care-services-market-88

Insights from this report will allow marketers and the management authorities of companies to make informed decision with respect to their future product launch, technology upgrades, market expansion, and marketing tactics

The global geriatric care services market report caters to various stakeholders in this industry, including investors, geriatric care service providers, assistive device manufacturers, distributors and suppliers, research and consulting firms, new entrants, and financial analysts
Various strategy matrices used in analyzing the geriatric care services market would provide stakeholders vital inputs to make strategic decisions accordingly

ABOUT US

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. Our global team of over 100 research analysts and freelance consultants provide market intelligence from the very molecular country level and also provide a global perspective of the market. Our team is of the most vital cog in our robust machinery that gives us the ability to deliver independent insight relying on our cognitive defusion training module.This allows for an objective and unbiased assessment of the market. We pride ourselves in my constantly striving to update our extremely in-depth understanding of the market by closely monitoring and analyzing markets, trends, and emerging best practices, across allfathomable industries under the sun. This enables us to equip our valued clientele with key decisive inputs to capitalize on lucrative growth opportunities in the market and to follow firmly position themselves on a high growth path in the future.

CONTACT US

Raj Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Website: https://www.coherentmarketinsights.com/
Visit Blog : https://blog.coherentmarketinsights.com/

This release was published on openPR.